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Mercantile law, also known as business or commercial law, forms the backbone of the legal framework governing trade, commerce, and industry. For decades, students pursuing commerce, management, law, and professional courses in India have relied on .
| | Topic | Specific Chapters/Acts Covered | | :--- | :--- | :--- | | I | Law of Contract | Nature of Contracts, Offer & Acceptance, Consideration, Capacity of Parties, Free Consent, Void Agreements, Performance, Discharge, Quasi-Contracts, Indemnity, Guarantee, Bailment, Pledge, Agency | | II | Sale of Goods | Contract of Sale of Goods, Conditions and Warranties, Transfer of Property, Performance of Contract of Sale, Rights of an Unpaid Seller | | III | Partnership | Definition, Nature, Formation of Partnership, Rights, Duties, Liabilities of Partners, Dissolution of a Partnership Firm | | IV | Negotiable Instruments | Promissory Notes, Bills of Exchange, Cheques, Parties to Negotiable Instruments, Negotiation, Dishonour and Discharge, Crossing and Bouncing of Cheques | | V | Information Technology | The Information Technology Act, 2000 (including its 2008 Amendment) | | VI | Consumer Protection | The Consumer Protection Act, 1986 | | VII | Insurance | Nature, Principles, Life, Fire, and Marine Insurance | | VIII | Insolvency | Objects, Scope, Procedure, Property, Debts, and Discharge of an Insolvent | | IX | Arbitration & Conciliation | General Provisions, Arbitral Tribunal, Proceedings, Conciliation, and Enforcement of Foreign Awards |